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Insert Coin: LifeBeam heart-monitoring smart cycling helmet (video)

In Insert Coin, we look at an exciting new tech project that requires funding before it can hit production. If you'd like to pitch a project, please send us a tip with "Insert Coin" as the subject line.

Let's face it: heart monitors, whether strapped to our chests or mounted to the front of a treadmill, are an awful pain to use. But, those rate readouts can be quite useful while involved in any sort of physical activity, making them a necessary hindrance. A proposed "smart cycling helmet" from LifeBeam, a company best known for its defense products, would serve to simplify things a bit. The solution, which is based on physiological monitoring devices installed in some fighter pilot helmets, would instead serve consumers -- cyclists, specifically. LifeBeam will insert sensors within cycling headgear, letting you capture measurements as you pedal up hills and down city streets.

With included ANT+ and Bluetooth transmitters, the device, which weighs 50 grams and supports up to 15 hours of continuous usage, can feed data to a smartphone or sport watch, for example, letting you track your stats in realtime. LifeBeam has turned to Indiegogo to raise funds for the project, with limited "pre-order" pricing fixed at $149 for the first 200 helmets sold. From there, the price jumps to $189 -- helmets are expected to begin shipping in September of this year. Sound like a fit? Hit up the source link to help the team reach their $50,000 funding goal, or, if you still need a bit of convincing, you can check out the well-produced video embedded just past the break.

Previous project update: HeatMeter, a sensor that's designed to measure the efficiency of fuel-based boilers, is roughly $45,000 shy of its funding goal. There's still about two weeks left to go, though, so if you're looking to save some dough when it comes to energy costs, you best check it out before the March 20th deadline.